New Zealand Dollar gains ground to near 0.5700 on RBNZ rate hike prospects
The NZD/USD pair gathers strength to around 0.5690 during the Asian trading hours on Friday. Growing expectations of a Reserve Bank of New Zealand (RBNZ) rate hike provide some support to the New Zealand Dollar (NZD) against the US Dollar (USD).
We haven't written up this one. FXStreet has the full story — the link below goes straight to it.